Is BT boss losing his bottle?

“This is a bold step by BT and we need others to be just as bold,” – BT chief Ian Livingston, announcing the company’s £1.5bn fibre broadband rollout in July.

Is BT boss losing his bottle?

“I have to tell you there are some shareholders who say ‘you know something, don’t do that, don’t do a whole lot of other things. That leaves you with a lot more cash and cash today is worth a lot more than cash in a few years’ time. I personally believe if it is the right thing to do as a 20-year decision it is the right thing to do. But we need to have the environment in which our shareholders feel there is a good chance of us making a return. If we cannot have that environment this is not the time to be taking on sure-fire losses.” – BT chief Ian Livingston quoted in The Guardian today.

Not looking quite so bold now, is he?

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